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ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Tohokushinsha Film's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 3.18%.
As of today (2026-07-15), Tohokushinsha Film's WACC % is 1.67%. Tohokushinsha Film's ROC % is 5.47% (calculated using TTM income statement data).
Tohokushinsha Film generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.
Tohokushinsha Film (TSE:2329) ROC % Explanation
ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Tohokushinsha Film's WACC % is 1.67%. Tohokushinsha Film's ROC % is 5.47% (calculated using TTM income statement data).
Tohokushinsha Film generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.
Be Aware
Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Tohokushinsha Film ROC % Related Terms
Tohokushinsha Film ROC % Historical Data
* Premium members only.
The historical data trend for Tohokushinsha Film's ROC % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note:
The Operating Income data used here is four times the quarterly (Mar. 2026) data.
The tax rate is limited to between 0% and 100%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tohokushinsha Film (TSE:2329) has a ROC % of 3.18% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Tohokushinsha Film and its competitors.
Is Tohokushinsha Film's ROC % too high?
Tohokushinsha Film's current ROC % is 3.18%. The Media - Diversified industry median ROC % is 1.39. Tohokushinsha Film's value of 3.18% is 128.8% above this industry median. Overall, Tohokushinsha Film has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tohokushinsha Film's ROC % compare to NFLX and DIS?
Tohokushinsha Film's ROC % of 3.18% can be compared against companies in the Media - Diversified industry. The industry median ROC % is 1.39. Tohokushinsha Film's value of 3.18% is 128.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Media - Diversified company?
The median ROC % among Media - Diversified companies is 1.39, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tohokushinsha Film's current ROC % of 3.18% is 128.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Tohokushinsha Film and its competitors. For the Media - Diversified industry, the median ROC % is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tohokushinsha Film's current ROC % is 3.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tohokushinsha Film stock overvalued right now?
Based on GuruFocus' analysis, Tohokushinsha Film (TSE:2329) is currently considered Fairly Valued. The stock's GF Value™ is 円526.95, compared to a current price of 円499.00 — trading 5.3% below its estimated fair value. The current ROC % is 3.18% and 128.8% above the Media - Diversified industry median of 1.39. Tohokushinsha Film's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Tohokushinsha Film (TSE:2329), the current ROC % is 3.18% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tohokushinsha Film (TSE:2329) Overvalued in 2026?
Based on GuruFocus' analysis, Tohokushinsha Film stock appears to be undervalued.
The current stock price of 円499.00 is trading 5.3% below its estimated GF Value™ of 円526.95.
GuruFocus considers Tohokushinsha Film to be Fairly Valued.
Key valuation signals for TSE:2329:
ROC %: 3.18%
GF Value™: 円526.95 vs. price of 円499.00 (5.3% below fair value)
Industry Position: 128.8% above the Media - Diversified median
No single metric tells the full story. See the TSE:2329 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tohokushinsha Film Corp is a Japanese based media company. It operates in four business divisions including media production, distribution, broadcasting and commercial film production. Its business activities include advertising production, sales promotion, digital production, dubbing and subtitling, film distribution, film library, television distribution, and broadcasting operations.
66GF Score
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